This Briefing Paper describes the spatial pattern of target rents across England and the extent to which target rents differ from actual rents. It also assesses whether the patterns vary across property sizes and across HA size, as well as across regions and districts. • Target rents are highest in London and above the national average of £60.44 per week in the South East and the East of Englan...

Countries that rely on natural resource rents (that is, the revenue generated from the sale of natural resources) may suffer from a variety of social problems. This exploratory study reviews the natural resource extraction literature to derive a 'natural resource rents-homicide' hypothesis. Data for 173 countries for the years 2000 to 2012 are examined to determine if there is a correlation bet...

We investigate policy reform in a model in which there are both rent seeking and lobbying activities. These two activities involve similar skills, so a reform which reduces rents will cause a shift into lobbying. Also, lobbying is subject to a free-rider problem, so the marginal return to the industry from lobbying may greatly exceed an individual firm’s return to lobbying. Thus, the shift into...

We study the technological pre-conditions for competitive equilibrium in a multisectoral economy where“land” is an essential imput. Earlier results by Bidard and Salvadori require either very low interest rates or are unable to predict the type of final demand vectors that can be supported by an equilibrium. We extend these earlier results and show that a given level and structure of final dema...

The (Unexpected) Structure of “Rents” on the French and British Labour Markets This paper considers the allocation of labour on the French and British markets, using objective wage and subjective satisfaction data. We show that, in some sectors, workers enjoy both higher wages and higher job satisfaction. We argue that this reflects labour market wage rents. Perhaps surprisingly, wage rents are...